From conversations I had, the number of different stablecoins that are going to be released in the next year is quite crazy. 

Having a hard time understanding what is the endgame of all this: Will we see a winner takes all eventually or will it be forever fragmented?

Co-founder & CEO at @morpho labs. Making financial infrastructure a public good.

why isn’t DAI being adopted tho? i feel like every cycle there are more stablecoin experiments, but they don’t last more than their bull market period

having fun onchain, founded overgie.com mintgate.io | nf.td/tomu

Good question. DAI is technically made up of several different stables, which is technically a good hedge, but it doesn’t have the lobbying power of Circle to make in roads